Biden/Obama sold American EV technology to China

Consider, for example, China’s controversial acquisition of the Michigan-based electric battery company A123 Systems. In 2008, the company was awarded a $12.5 million grant sponsored by the U.S. Department of Energy to develop lithium ion battery technology for plug-in hybrid electric vehicles. But now this American taxpayer-funded research is owned by China, thanks to the Obama-Biden administration’s approval of the company’s sale in 2013.